On December 16, Tianfeng Securities released a research report stating that the market has strong expectations for interest rate cuts. At the beginning of the week, after the announcement of US non-farm employment data for November, market expectations for a Federal Reserve interest rate cut of 25 basis points in December rose to 86%. The expectation for an interest rate cut within this year further increased. Subsequently, US CPI data for November met market expectations and market anticipation for a Fed rate cut in December approached nearly 100%, while bets on a Fed rate cut next January also intensified.